My 94 XJ does same thing for the first few minutes, you have to feather the throttle, it shifts normal through the upper ratios. After 5 minutes it is warm and works very well. It has 303k miles on drive train. I had flushed with new fluid (bucket to drain trans cooler line when running. Stop and pour in more clean fluid and run again , repeat until color looks fresh, included a quart of some miracle transmission rebuild in a can. It was 11 quarts before it went from dark brown to acceptable red. Helps a little bit still has hitch as noted above. The solenoids, O rings and seal rings are probably just hard and not doing a good. Time for an LS conversion, got my money’s worth out of that one.