A 1-1 draw at Barnsley left Forest inside the bottom three with just five games to play, but Davies retains belief in his squad.
He told the Evening Post: "With five games remaining there will be one or two others above us in the table who will get dragged into it.
"You look at the fixtures and the situation and there are one or two who will get sucked into it. Let's wait and see who I am talking about, but there will be plenty of teams having to look over their shoulders. There will be plenty of twists and turns.
"Anyone trying to question this group and their commitment and desire to succeed needs to look elsewhere, this group is a joy to work with."