Jluff, I would venture to say rotation is correct, as it wouldn't build any pressure if it wasn't. But one way to tell also, is by listening. if it is out it will make god awful noises. Had that same exact issue last week on a job. Try turning in up slow all the way and coming out 2 turns. Get the car to build pressure and get off the buffers. I think my car was racked a bit, and my leveling speed was to low to get it out of the bind it was in. Once I did the two turn up slow adjustment and car was off buffers, adjusted the up slow out until my leveling speed was correct.

My issue occurred after a motor and pump replacement. At first my rotation was backwards. Once I fixed that, the elevator acted just as you say.