I was just looking at the MJO updates and thinking "man, this looks perfect". So, the MJO forecasts say that the MJO is going to take about 1 month to get thru all of 5 and 6 (Oct 27 to Nov 27) via slow downs in each of those phases.
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So let's say it continues to move along at a fairly slow pace, which I think it will - but not quite as slow since that's normal as it tends to run slower in the E Hemisphere (roughly 3-4-5-6) than W Hemisphere (roughly 7-8-1-2). Let's say by end of Dec (Nov 27 - Dec 27), it's thru 7-8 and half way thru 1. That would mean Dec would be 7-8- middle of 1. And Jan 1-15 would be MJO mid-1 thru phase 2. That's pretty good!
The alternative would be it moving on at a steady pace without the slow downs. From Oct 12 to Oct 31, it went thru 1-2-3-4-5! If that would have continued on, the MJO would have gone thru 6-7-8-1 in November, leaving the yuck phases for Dec and Jan.
Could it collapse in the circle or bypass 8-1-2? Yes, but nothing indicates that's going to be the case at the moment.
Nov 18-23 here, MJO is in Maritime Continent and Western Pacific
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Dec 3-8 Convective signal has moved out of the MC & WPac
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Dec 20-25 MC and WPac are still drier than normal. Convective signal in Atlantic and W Indian Ocean (colors are more faint with the ensemble at long range)
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Plenty of things can go wrong, but to me, the MJO looks really good right now