1998 Gear Indicator

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Wihtol

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The red gear indicator on my 1998 Expedition dash panel is off by about 1 gear.....that is...... when I'm in park the indicator shows I'm in/near reverse; when I'm in drive it shows I'm in/near 2nd, etc.

Is there a simple fix?

Is there a serious problem?
 

ELVATO

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On the 03-06, I know you can adjust it by turning a adjuster screw/gear/wheel. I'd think it'd be the same with yours. I think you see if it you take off the upper steering colomn shroud.
 
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