A wedge on STI?!

Fig 1 STI Daily chart

You can either call me paranoia or I need a rest from charting, that is because I am seeing a wedge on STI now. It is a small one and in my opinion incomplete. However if such is a wedge formation, its objective would be 2,704.

Both STI's indicators, Stochastic and RSI are nowon reversing, indicating a pattern of down trend. STI is also helped by the Gann Grid Resistance which it is due to meet by 22nd Dec 2009. Its immediate envelop support is 2,790 while 21 days EMA is supporting at 2,772.

If the set up is what I think it is, STI most probably trying to create a head and shoulder to justify for its reversal. The "head" is in progress of making right now.