V.1 When you and I are living with a good conscience toward God, we can enjoy being close to the Lord, as this verse says. It doesn’t say he lifts up his eyes, but his inward feelings, his soul. The soul is our inward feelings, our affections.
V.2 I won’t be sorry or ashamed if I trust the Lord.
V.3 Then he thinks of others — a good thing to do. He hopes they too will find this out for themselves. They won’t ever be sorry that they trusted the Lord.
V.4 A change here. He longs to know the Lord more and more. It’s good to be teachable.
V.5 Not only to know the ways of the Lord, but to live in them! A big difference.
V.6 He would rather remember what the Lord is, than to think about himself.
V.7 We believers today know that since then the Lord Jesus has come to earth and died for us, and so the verse for us (Heb. 8:12).
V.8-13 He goes back to remembering what the Lord is.
V.14 The Lord will whisper to you what to do when you don’t know; but it’s only when we fear, have reverence for, the Lord.
V.15-22 Remember that the Psalms don’t give us the full revelation of what God has given the believer today. The next Psalm continues on with the same thoughts as today’s Psalm. Remember too that the first application of the Psalms is to Israel.