A fracturing and gravel packing tool has features that prevent well swabbing when the tool is picked up with respect to a set isolation packer. An upper or multi-acting circulation valve allows switching between the squeeze and circulation positions without risk of closing the low bottom hole pressure ball valve. The multi-acting circulation valve can prevent fluid loss to the formation when being set down with the crossover tool supported or on the reciprocating set down device and the multi-acting circulation valve is closed without risk of closing the wash pipe valve.
