I have been working on a early 90s Marshall JCM900 Dual Channel Reverb, and im not getting signal into any of the transistors in the preamp. I worked backwards from the Low Tension power supply winding that feeds the power to the M5201 transistors. Attached is a photo. The problem i am getting is this: Voltage from the LT is 20-0-20 or 40v across both positive wires respectfully - this is correct as per what ive researched. It feeds into the FWBR and comes out two ends - one positive voltage, one negative. Negative gets the ripple smoothed out by C32, Positive C31. Before it hits the dropping resistor (R33, R34,) i am getting 30/ -30 volts. on the other end, i am getting like 3/-3 volts....huh? Also when the amp is on, i can smell something burning on the LT board. I am sure it is not the transformer.
What the hell is going on? My guess is that I have a short somewhere, that is, voltage is being shunted to ground therefore not much is actually passing through the dropping resistors? I am stumped. All the highlighted stuff is components I have physically replaced with more robust versions than what it calls for. I am really pulling my hair out with this one...any help would be amazing right now