In a word, yes. But...not so fast. You can never say anything in the very short term timing for the market. What will happen in trade on Monday? - Nobody knows. However, the companies of the SPY have trillions of dollars on their balance sheets and will continue to purchase their own stock with said cash - hence, this market is moving higher.
I wouldn't rush to put new money in here however. Even if there is a new push higher, the majority of the gains have been seen. I wait for a pullback.
Short term rating = HOLD
Long term rating = BUY