On January 9, 2024, in a Barchart article that asked if U.S. natural gas futures can continue to rally in 2024, I wrote: Natural gas is going into 2024 in the same bearish trend since the August 2022 high. However, the price had declined to a level that favored the upside in 2024, causing a seasonal rally to over $3.20 per MMBtu in early January. The weather over the coming weeks will dictate the energy commodity’s path of least resistance. The rally took U.S. NYMEX March natural gas futures prices to a $2.791 per MMBtu high on January 9, while the continuous contract rose to $3.392 per MMBtu….