New Outlook - Moving a Folder between other folders

Hi all.  I am new and apologize if this has been asked (I looked but could not find this issue exactly).  I just switched to New Outlook and it appears that I can't manually rearrange subfolders within a parent folder.  When I click-drag, I only see the visual feedback for moving it INTO another folder.  In Old Outlook, I could see visual feedback of a line BETWEEN other folders as well, and I could drop it on the line to effectively change the sort order manually.  Am I missing something?