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I had an 89 Suburban that started doing the same thing. Change the fluid/filter and add a quart of Lucas Transmission Fix. See how that does. Ultimately, you are going to have to rebuild or replace the transmission as the problem will only get worse in the end. Mine finally went down completely and cost me about $2700 to rebuild.
HI!!! sounds like you have trany link conector problem. even if the pointer works well on P'R'ND2'1. when you move the link connetor moves on the bottom because its braket is loos
SOUNDS LIKE SHIFTING SOLENOIDS ON VALVE BODY INSIDE TRANNY OR IT COULD BE BUFFER THAT COMUICATES WITH TRANNY OR OBC BEST TO LET TRANNY GUYS HAVE A LOOK @ THIS ONE RATHER THAN SPEND A LOT OF MONEY WITH LITTLE RESULTS
Your transmission fluid contain water,thats why the colour of the fluid changed to pink.And of such the clutch is slipping causing the engine to reve up before shifting - Check transmission cooler.
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