Andre Villas-Boas believes Chelsea are capable of closing the gap on the top three despite slipping seven points behind third-placed Spurs on Tuesday.
An own goal from Neil Taylor in stoppage time spared Chelsea's blushes after their former winger Scott Sinclair had given Swansea City the lead six minutes before half-time.
Chelsea, who had Ashley Cole sent off four minutes from time, for a second yellow card, have now taken only two points from their last two games, against Norwich and Swansea.
"It is a gap that has grown tonight, but two weekends ago it was reduced," said Villas-Boas. "So, we go back to where we were before. A seven point gap is nothing in the Premiership. "It is never satisfying only to get a point, but Tottenham are still within our reach and let us see what we can do from here.
"At the moment it makes no sense for me to speak about the league. We are competing for the Champions League and that is our main objective. "We will face what will probably be the new league leaders, next weekend, and after that game, we can see if the first spot is within our reach or not."
Villas-Boas meanwhile was happy with Chelsea's transfer window dealings.
"We strengthened in the most important position and we have made a deal for Gary Cahill which we pursued for some time," he said. "That was what we needed for the squad."
Cahill started on the bench at the Liberty Stadium with Branislav Ivanovic preferred at the heart of the back four in the absence of John Terry.