When moving stuff around in the glance wheel, the Folders are missing the Move option. It's no big deals when you want to move it around apps since you can move those apps over the folder but when it's two folders and you want to reorder them, you can't. At least, I couldn't find a way on the watch or in the Connect app. Is there a way that I'm not seeing?
On the watch go to Settings, Appearance, Glances, and select Edit to move glance/folder as required.
In GCM select edit at the top level of your glances. Drag using the the three bars on the right to rearrange glances or folders
On my watch I can edit the glance folder order.
From a watchface open the glance folder list by pressing the left side bottom button.
h the touchscreen, push and hold on the glance folder you want to move.
You should get the following 4 options (scroll down the list with the bottom left hand button)
Rename Folder
Change Icon
Reorder Folder
Delete Folder
Choosing "Reorder Folder" takes you back to a list of glance folders, with the one you selected bracketed e.g. [ Health ]
You can then use the centre and bottom buttons on the left side of the watch to move that folder up and down
When you have it where you want it, push the top right button to save the folders position 
