If you have:
Spark, at the right time
Fuel, in the correct mix with air
Compression, above 120psi
Then a gasoline engine will run, just physics
So one or more of those three isn't what it appears to be after testing
1988 computer will use Batch Fire injection, on a V6 that means computer will open 3 injectors at the same time to keep intake full of air/fuel mix, and it just alternates between the two sets of 3 injectors, so not sequential fuel injection, one step up from carb, just FYI.
You didn't mention compression numbers?
Spark is fairly easy to test for if you have compression.
50/50 test, which is what you did by spraying fuel into the intake
If engine starts and dies, then a fuel issue
If engine doesn't start then spark issue(or compression)
50/50
If no start then I would run a jumper wire from battery positive to Coil "+", hot wire.
This eliminates the two power pathways used on the coil power in 1988
If engine starts then wiring problem, could be ballast resistor, or ignition switch
Also put your hand over intake opening while someone cranks the engine, should build up a vacuum sucking hand tight, or you can use a vacuum gauge, 3-5" of vacuum should build up while cranking, throttle closed.
If it builds up then starts dropping exhaust is clogged, air can't be pushed out so new air can't be sucked in.
Gasoline engine is a self powered air pump, so vacuum gauge($20) is a very good tool to have in the box.
Distributor, pop the cap and crank the engine, make sure rotor is turning.
Now try to manually turn the rotor, it shouldn't move of course, I have had drive gear roll pins shear off, so distributor comes out of time as soon as you try to start engine, lol, and you still have good spark just out of time.
Firing order, have someone else check it, lol, I can't even count the times I have known for a FACT that the firing order was RIGHT, FOR SURE 100% RIGHT!!!, and it wasn't
Yes, after cranking engine check one or two spark plugs, should be WET with fuel.
But no start on 50/50 test would indicate spark issue not fuel issue
What does "No TCU ECU!" mean?