Tonight's key data is coming, directly affecting short-term trends

Tonight at 22:00, the US will release two critical data points:
Michigan Consumer Confidence and One-Year Inflation Expectations.

In simple terms:

• Inflation Expectations (key): Expected 3.9%, higher than previous 3.4%.
Higher → harder to cut interest rates → short-term bearish
Lower → stronger rate cut expectations → short-term bullish

• Consumer Confidence: Expected 54, lower than previous 55.5.
Worse → weaker economy → bullish
Better → stronger economy → bearish

One sentence summary:
Inflation above expectations → bearish
Inflation below previous → bullish
Both in line with expectations → volatile, high buy, low sell