Passage
This <FI>is<Fi> the day Jehovah hath made, We rejoice and are glad in it.
This <FI>is<Fi> the day Jehovah hath made, We rejoice and are glad in it.
Psalms 118:22 A stone the builders refused Hath become head of a corner.
Psalms 118:23 From Jehovah hath this been, It <FI>is<Fi> wonderful in our eyes,
Psalms 118:24 This <FI>is<Fi> the day Jehovah hath made, We rejoice and are glad in it.
Psalms 118:25 I beseech Thee, O Jehovah, save, I pray Thee, I beseech Thee, O Jehovah, prosper, I pray Thee.
Psalms 118:26 Blessed <FI>is<Fi> he who is coming In the name of Jehovah, We blessed you from the house of Jehovah,
The verse centers on "jehovah", "hath", "rejoice", and "glad". It is saying that the verse draws attention to "jehovah" and "hath", so its meaning should be read from those terms before moving to application.
The nearby context moves from verse 23's "From Jehovah hath this been It FI..." into verse 25's "I beseech Thee O Jehovah save I...", so "jehovah" and "hath" belong inside that flow. In Psalms context, the local focus is worship, trust, the LORD's kingship, and covenant mercy.
A plain takeaway is to answer the verse's own emphasis on "jehovah" and "hath" with trust shaped by these words, not by a vague optimism outside the passage.