At 8:30 PM tonight, the U.S. will release retail data, which is crucial to consumer confidence and even expectations of a recession. It is very important.
The market expectations this time seem particularly optimistic, both indicators are stronger than expected, but the key to a favorable outcome is whether they can beat expectations, that is, whether they can perform better than expected.
If they are higher than expected, the clouds of recession will diminish, and the market will start to rebound. If they are lower than expected, it will be negative; the extent of the negativity will depend on how much lower than expected it is. If it is slightly lower than expected, that would still be acceptable, after all, this time will at least be much better than last month.