1998 Ford Explorer

The adjuster is a small wheel located on the cable's end.
It is pretty difficult to get at and see. It looks like this in the sketch below the arrow is pointing to it. It is a small "white-colored" wheel.

It is located above the gas pedal in the "jungle" of wires etc.

To make it easier to reach and see you need to remove the lower panel just below your steering column. Remove the 4 screws holding the plastic panel in place. They are all 7 mm heads (2 are "hidden" under the hood release lever). Then pull back on the "top" of the panel. The panel is held in by (4) tapered bullet nose clips, two on each side.

Once that is removed you will need to remove a metal plate. The bolts are also 7 mm heads.

Once all that is done (really not thast bad to do) you will be able to get at the adjuster wheel much easier.

I am going to put the instructions for that on the second "reply" posting to this one just in case you want to print this info out.

Rick

Place the gearshift lever in the (D) position.
Rotate the gearshift lever clockwise until it bottoms out (first gear), then rotate two detents counterclockwise ((D) position).
Hang a 3.6 kg (8 lb) weight on the gearshift lever.
Center the pointer in the middle of the (D) position.
Rotate the thumbwheel located on the bottom of the steering column to adjust the pointer.

Remove the 3.6 kg (8 lb) weight.
Carefully move the gearshift lever from detent to detent and compare with the transmission settings.
Readjust if necessary.
Install the upper instrument panel steering column plate and plastic cover. The tapered bullet nose clips go through 4 small acceptor holes. Finally reattachthe hood release handle with the 7 mm bolts.

Good Luck;
Rick