Approx. 2:30 am. Wednesday June 4 2014. I was outside sitting on my back patio on my phone shopping online and smoking a cigarette. I dont know what made me lookup from my phone, but when I did, thats when I noticed a yellowish-orange light (it kinda looked like it was outlined in red)moving lower in the sky. I turned my phone off because screen was too bright and I wanted to see this light better. At first, I thought it was a star but quickly realized it wasn't. It was maybe 100 feet in the air decending in a sort of curved 45 degree angle moving at a slow rate of speed. Once it got to the treetop it slowed almost to a stop, but looked as if it was bobbing up and down like floating on water. Then it moved to the right, and then back to the left. Then started decending very slowly. At this point, its behind the tree but I can still see it. It gave me the impression that it was "busy" doing something, like it was there for a purpose. It would hover and bob up and down and continue to decend. I watched it until it was so low that my back yard fence was in the way of me seeing it anymore. I was able to see it until it was about 8 feet off the ground. Also , where this light is hovering, there are houses right by the tree its behind and there was a dog barking in that area. I didnt attempt to take pictures or video because #1 i was too scared and #2 I didnt think my pbone would do well picking up the light behind a tree that was probably about 150 feet away. I cant quit thinking about what I saw. I remember I was scared and I wanted to wake my husband up so he could see it too but he was out of town. I told him about it when he got home.