The broader US stock indices are moving higher today after both the Nasdaq Composite and Nasdaq 100 approached their key 200-day moving averages yesterday. Buyers leaned against those technical barometers and stalled the declines. Today, they are getting a bounce.For the Nasdaq Composite, yesterday’s low reached 25,145.95, just above its rising 200-day moving average near 25,073. The Nasdaq 100 came even closer. Its low of 27,967.44 was only about 15 points above its 200-day moving average, currently at 27,952.83.Today, the Nasdaq Composite is up 191 points, or 0.76%, while the Nasdaq 100 is up 202 points, or 0.73%. Support has held so far, keeping the buyers in play. The next question is whether they can build on that bounce and push through resistance.For the Nasdaq Composite, initial resistance comes near 25,570. Above that, the swing level at 25,831.74 becomes the next key target. Yesterday’s high stalled just short of that level before the index rotated lower. Getting above—and staying above—it would give buyers more confidence and strengthen the recovery.Until those resistance levels are broken, the rebound remains vulnerable to another failed move higher. The buyers have held support. Now they need to show they can take back resistance. If they cannot, attention shifts back toward yesterday’s lows and the key 200-day moving averages below.For the Nasdaq 100, watch for initial resistance near 28,538. Above that, the swing area between 28,822 and 28,953 becomes the next key upside target. Buyers would need to get above—and stay above—that area to ease the downside pressure and build confidence in the rebound. Until then, sellers can lean against those resistance levels to keep the broader technical bias tilted in their favorIn the video above, I outline the key technical levels for the Nasdaq Composite, Nasdaq 100, and S&P 500. For each index, I define the bias, the risk levels, and the targets that buyers and sellers need to watch. Support has held so far, but what needs to happen next to give buyers more control—and what would put sellers back in the driver’s seat? This article was written by Greg Michalowski at investinglive.com.