Belief that goes up and down (5)
I believe the answer is:
tenet
I believe this clue is a double definition.
'belief' is the first definition.
(synonyms)
'that goes up and down' is the second definition.
(Other definitions for tenet that I've seen before include "Article of belief" , "A palindromic doctrine or creed" , "Palindromic principle or belief" , "you may believe in it" , "Doctrine, dogma, belief" .)