1221ish on the SPY for the top of the flag conitnuation pattern

Lots of people have given up on chart patterns since the fed began rigging the market with pomos but is it possible that we are seeing patterns re-emerge with predictive potential, at least while we are a ll waiting for the next fed QE operations ?
I believe we are at the top of the flag trading range right now and will begin to sell off to fresh low before any base can be formed. I may flip and go long but only after seeing some lower lows for the move off the top....