With TAO and the weeklies having recently cooled 0.2+ and the July SOI headed for a sold +, I have no choice but to reduce the odds in my mind for an oncoming El Nino this year. Previously, I had said the chances were "very good".
If one wants El Nino, one cannot like how high Tahiti's SLP is going to end up this month. For 7/1-20. it is averaging 1015. I'm projecting it will approach or even reach 1019 tomorrow and still be near 1018 the day after. Here are my educated guesses for the rest of the month based on the 12Z models:
7/21: 1019
7/22: 1018
7/23: 1016.5
7/24: 1015
7/25: 1014.5
7/26: 1014
7/27: 1014.5
7/28: 1015
7/29: 1015
7/30: 1015
If the above projections were to come close to verifying, the full July 2017 Tahiti averaged SLP would come out to ~1015.2, which is a full mb above the longterm average for all years since 1950. That 1015.2 may even be a little conservatively low as the EPS would imply that it get up to ~1015.35. Here are some Tahiti averages for various oncoming ENSO:
Strong Nino: 1013.4
Weak to Mod Nino: 1013.9
Weak to mod Nina: 1014.3
Strong Nina: 1015.2
So, Tahiti's 2017 SLP is now projected to come in near the average for an oncoming strong La Nina. As a matter of fact, every single instance of Tahiti being 1015.0+ in July since 1950 (8 of them) was an oncoming La Nina year. OTOH, every single one of those 8 cases had an AMJ trimonthly Nino 3.4 that was negative vs 2017's +0.5. So, I'm not at all saying it means we're likely headed for La Nina. But I am saying that the chances for El Nino have dropped quite a bit in my mind over the last month. Consider this: for every El Nino since 1950 that was oncoming (24 of them), Tahiti's SLP was never higher than 1014.7!