Create a new document of any size.
Go to Filter>>Render>>Clouds. Then
Filter>>Stylize>>Glowing edges with the following settings:
edge width: 1, edge brightness: 20, smootheness: 1. Ctrl+Shift+L for
auto levels. If you want, you can save what you have as a wire texture.
Go to Filter>>Stylize>>Wind with such settings: wind,
from the left. Then Filter>>Distort>>Twirl, amount -160.
Then color balance Ctrl+B with such settings: 0, 20, 100. Duplicate the
layer Ctrl+J, set Blending Mode to Screen and apply Ccolor Balance with
the following settings: 0, 40, 100.
It can't get simpler than this right? Well, it does.
Duplicate the layer again, and Filter>>Distort>>Wave
with default settings. Set this layer's Blending Mode to Screen.
Filter>>Stylize>>Wind, Wind from the left. Now Color
Balance again with the following settings: 0, 40, 100.
Rotate the canvas 90 degrees CW.
Final result: