I just wanted to state that I don’t believe that the pattern I've pointed out could be used to make any sort of accurate/reliable predictions regarding exact arrival time, strength, or longevity of any one ENSO cycle (if it could, agencies like the BOM, NOAA, etc... would already be using it). Looking at the images I've provided above (and the attached image), notice that the strength, longevity, and spacing between each ENSO cycle is different. Therefore, it would be basically impossible to accurately and reliably predict/forecast the exact arrival time or strength of the next ENSO event using the pattern I've pointed out. However, starting around the mid 1980's, there seems to be alternating periods of about 5-6 years where a moderate-strong El Nino is sandwiched in between two moderate-strong La Ninas. Followed by a period of about 5-6 years where weak-moderate El Ninos or neutral conditions dominate. So, IF the pattern were to continue then we would be able to at least say that right now we may be in a period where El Nino or neutral conditions are likely to dominate (at least until 2016-2017). Some important factors to keep in mind are that this pattern has only been occurring consistently since the mid 80's. Very importantly, there are many other cycles that can influence ENSO (i.e IOD, PDO, climate change, etc...) as was pointed out by ASLR. So in short, I would say that while this pattern may or may not be useful in showing a (possible) trend, it can NOT be used to predict exact arrival time, strength, or longevity of any one ENSO cycle. Attached is the same NOAA ESRL plot of long term (1985-2014) equatorial SSTA between 3.5N and 3.5S, which breaks down the pattern yet another way. Notice that since about the mid 80's, La Nina conditions dominate for 5-6 years, then El Nino or neutral conditions dominate for 5-6 years.