I just assumed you knew something about GM's since you mentioned a modulator valve because the modulator valve works on a GM trans. to regulate shifting. I thought I made it clear earlier but if I didn't do not drive it at all until you get a kickdown linkage or cable installed. It will burn it up the trans. if you drive it like it is because the linkage is also a pressure regulator. Without it the pressure will be low and allow the clutch plates to slip. That'll trash them very fast.
BTW: When talking to any trans. shop, if they mention it could be a modulator valve problem run from them as fast as you can. They do not know Chrysler transmissions if they think they use a modulator valve. No Chrysler transmission ever used a modulator valve.