Make a New Document

Make a new document, anysize doesn't matter. Now press "D" on your keyboard to reset the foreground and background colors to black and white. Make sure your background is WHITE.

Permanent Marker Brush

Use the Brush Tool. Select the Permanent Marker Brush:

some squiggly lines like above.

Apply Filter-Radial Blur

Apply Filter>Blur>Radial Blur with these settings:

Apply Filter-Chrome

Apply Filter>Sketch>Chrome with these settings:

Apply your color now (CNTRL+U):

Duplicate the Layer

Now duplicate the layer. Apply Multiply to the duplicated layer: