Yes, it can mean that. It can mean a dramatic sequence of events, such as; The earthquake set off a cavalcade of aftershocks. It also means a parade, such as: A cavalcade of floats made up the parade.
A sequence of events is the listing of more than one event in the order in which they occurred. The word "chronology" is a list or table of dates in their proper sequence. A chronological list shows...
It means that there are a bunch of events happening in a certain orderlist how the events happened, in the sequence they happened in. What happened first, second, third and so forth.