Make a new document (I used 800x800) Fill it with black Go to: filter>render>lense flare (100% 50-30mm Zoom) Make 5 of these so that they mimic the layour below

Go to filter>sketch>chrome (detail:4 Smoothness: 7) Go to filter>artistic>plastic wrap (highlight: 5 detail: 9 smoothness: 7) Go to filter>distort>wave and change type to "triangle" and leave the other settings on default

Now duplicate the layer two times and set blending option to "lighten" on both layers On the top layer go to filter>distort>twirl (angle: 300) On the second layer go to filter>distort>twirl (angle: -300) Now it should look like this:

Now you have two options, either colorize each layer and the flatten it or flatten the layers first and then colourize.