Nope, straight from above, like CvS.Exceptions are in sprites where the char is powering-up (usually inverted lightsource/comes from the inside),and when doing super attacks like Chou Kamehameha (light-source does indeed come from the front then).
It was bugging the shit out of me so I went and edited it myself:Actually was harder than you think. Had to use a mouse WITHOUT the mouse ball.
Baby Pan Z2 style. Enjoy! Her stance is of course inspired by her Grandpa.