When do the Version Report start showing the graph based on the Start Dt and Scheduled Release date?

I have setup all the stories to have Fix Version(s) and we are in our Sprint 1. However I am not able to see a graph based on the St Date and Scheduled Release Date.

Do we see the graph ONLY once 10% of the work is completed? OR 

Do we get the graph from day 1 (based on the Scheduled Release Date) and the predictions are calculated when 10% of the work is completed?

Additional Questions:

On my X-Axis, I am seeing time (e.g. 0:00, 4:00, 8:00 etc.). I was expecting to see dates on the X-Axis. Am I mssing some setting? Or the dates will start to appear as we progress in to our Sprints?

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