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You might check this link out for some clues:
www.jalopyjournal.com
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700R4 Won't Shift Out of 1st
Hello all, Please help me figure out why my 700R4 is not shifting correctly. Under normal driving, it will not shift out of first gear. It will...

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700R-4 Wont shift outta first gear. - Third Generation F-Body Message Boards
Transmissions and Drivetrain - 700R-4 Wont shift outta first gear. - :mad:I just installed a 700R-4 I got into my Trans Am. I got a TPI 350. Whe I went to test drive it, it took off fine then got up to 25 mph and wouldn't shift period. When I let off the gas and get back into it it wont kick...
www.thirdgen.org