[NTG-context] \setupindending eats up space between formulas

Hi, I am confused s to what is happening here. See the output with and without setupindenting \setupindenting [medium,yes] \starttext \startformula Z^i_1 = f^{i,*}(X^i_1,U) \stopformula \startformula Z^i_t = f^{i,*}(X^i_t,U, P^i_{M_{t-1}}) \qquad t=2,3,\dots,T \stopformula \stoptext Why does setupindenting eat the space between the formulas? Aditya PS: A quick workaround is to use \startformula \startalign etc., but I think that there is a buglet somewhere.