The shift points are regulated by the 'TV' cable connected to the carburetor at the throttle lever. Some people would call this the 'kick down' cable, which actually in this case, is a misnomer. At any rate, the proper method for adjusting it would be this:
Look for the bracket that mounts the cable to the intake manifold. You will notice that there is a plastic piece that fits into a square hole on this bracket and the cable runs through this plastic housing.
On this plastic housing, usually located at the top, is a cad plated (silver color) metal tab or tang. This tab is spring loaded, but by pushing in on the tab, the spring can be overcome. Anyway, push in on the tab and pull the cable toward the firewall (away from the carburetor).
While still holding in on the tab, move the throttle lever to the full throttle position. This will in turn pull the TV cable back through the plastic mount. Holding the throttle lever in the full open position, release the spring loaded tab. This will return the cable to the 'normal' setting.
Road test the car and observe the shift points. If you want it to shift sooner, push in on the metal tab and slide the cable (a small amount, like maybe 1/8") toward the carburetor. If you want the tranny to shift later, slide the cable toward the firewall. Be aware that if you move the cable toward the firewall beyond the 'normal' setting for a later shift, you will not be able to achieve full throttle on the carb. Also, you will run the risk of shifting too late during WOT operation.
This is applicable on late 70's and early 80's Chevys with either the 700R4 (yours) or on the 200Rs.
Hope this helps.
Ron