check these hoses.....i replaced mine....slipping issues went away.......
Little off topic, but thank you for posting that picture ...
The steel line fastened to the valve cover on mine is open.
It turns out PO replaced with a rubber line all the way down, but I've been banging my head on the table looking through fuel injector/return line diagrams and all the TM's trying to figure out what that open steel line is supposed to be.
Mystery solved.
On topic ...
A rebuild couldn't hurt. In fact for 25+ year old vehicles, it's due anyway no matter what your odo reads. I plan on doing mine as soon as my '96 ford is reliable enough to take the CUCV out of service for a while.
It's a little difficult for me to make a judgment on mine as it's the first automatic I've driven in over a decade. It doesn't so much feel like the trans is slipping, but more like the torque converter has a high stall speed.
Do you feel any difference between 1st and reverse?
Under normal conditions the trans should engage in reverse with higher pressure then it does forward.