In the bearish corner, we have the banking index (the "BKX").
Bearish traders can look at this as a low-risk area for a short sale. There's plenty of room for the sector to fall. And traders can stop out of the position for a small loss if XRT breaks above the red resistance line and makes a new high.
Meanwhile, bullish traders can buy the sector here in anticipation of a breakout above resistance. They can stop out of the trade for a small loss if XRT falls back below its 50-DMA line. Finally, semiconductor stocks are in the bullish camp.