727 Valve body

The clutch packs are tight, there are only about 5k miles on it, clutches are brand new, could that still be the case?

Yes, because the clutches can be perfect, but if they cannot be applied due to a failure that prevents pressure to apply them, you'll get nothing.

The Air pressure test is in the PDF available on another thread in this section. Page 14 shows the passages you need to hit with low pressure air and listen for a "thunk". If you get hissing instead, there is a leak in the apply circuit, and you've found your problem.