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96 Volvo 960 shift arrow blinking and W S E trans light blinking also
the blinking arrow and wse switch is telling you that you have problem in transmission you need scanner to read the computers diagnotstic fault codes for the warrning light .
but what i see as a common prolbem for that gearpostion sensor, mode selcetor switch , or the overrride solenoid on trans that are most common parts that go bad .until you scan it you will not for sure what part is bad