No, it honours the Universal Roman Sabbath. Nowhere did Jesus say 'Remember the Sabbath? Well, now it's on the first day of the week and not the last'
Jesus said,
"The Sabbath was made for man, and not man for the Sabbath. Therefore the Son of Man is also Lord of the Sabbath".
Scripture never mentions any Sabbath (Saturday) gatherings by believers for fellowship or worship. However, there are clear passages that mention the first day of the week. For instance, Acts 20:7 states that on the first day of the week we came together to break bread. In 1 Corinthians 16:2 Paul urges the Corinthian believers on the first day of every week, each one of you should set aside a sum of money in keeping with his income. Since Paul designates this offering as service in 2 Corinthians 9:12, this collection must have been linked with the Sunday worship service of the Christian assembly. Historically Sunday, not Saturday, was the normal meeting day for Christians in the church, and its practice dates back to the first century.