Step 1

Create a new image filling the background with a dark grey. Create a new layer. With the [url=http://www.gfxvoid.com/tutorials/1/liquidwater/2.gifbrush tool[/url] create black lines like above on the new layer

Step 2

On the top layer, go into the radial blur filter and use the above settings.

Step 3

Go into the twirl filter and use the above settings. Merge Layers (CTRL+E)

Step 4

Go into the Lens Flare Filter and create 5 random lens flares like above.

Step 5

Go into the chrom filter and use the above settings.

Step 6

Press CTRL+U to colorize, and use the above settings for a blue color.

Final Product

If you have any questions or comments, please post below!