Locals from Havasu City where filming a double rainbow over the lake on July 13th 2014 when all of a sudden they spotted a strange orb like shape come out from the clouds. The people in the video describe the light changing to various colours although its hard to make this out from the video.
At first I thought that this was maybe a Chinese lantern or some kind of flare, as the way it was just floating down to earth, but then when it got near to the power lines it stopped for a few seconds and then moved a little more. So either it hit something and then blew off or it was in fact a UFO. You can see near the end of the video one of the guys starts running towards the direction of the UFO, but then the video ends. I tried to find if there was any more videos of this, but this was the longest one I could find.
What do you guys think to this?