15/8/2012 ; FCPO 2862 ; SIDEWAYS to downside biased. Fcpo sideways the last 3 trading days with not much movement forming a 'pennant' within a bigger 'BULLISH FLAG'. Not much excitement is expected in the coming days ahead of an extended weekend due to public holidays where FCPO is expected to find a neutral point to park. Bullish if breakout upwards from the pennant. Bearish if breakdown.