Rank 1 Tensor
Rank 2 Tensor
Rank 3 Tensor
Do you see how we could keep going to higher and higher ranks, using only up-and-down?
We could have done the samething going only left-and-right.
The choices are arbitrary–whatever math you do matches those choices.
We might devise a system where each index is given one of two labels and whether we have it going up-and-down or left-and-right depends on which label it has.
We might do this with the two labels being Covariant and Contravariant.