> everything that's considered evidence of evolution could also be considered evidence of teleology
No. Teleology has a goal in mind and evolution has been seen to run down dead ends many, many times. All of the extinct species are dead ends.
> What is there that exists that is fundamentally incompatible with teleology existing or makes it highly unlikely?
All of the extinct species. The fact the human eye has a blind spot whereas the squid eye does not. The fact cancer is possible. If I had a biology textbook closer to hand, I could go on at length.
> What makes you think that you would see evidence for it if it existed?
If we can't see something, or measure it in any other way, or otherwise provide evidence for its existence, then why should we ever behave as if it existed?
> evidence in favor of teleology
I've yet to see any actual evidence in favor of teleology in evolution. Non-teleological explanations are simpler and they also explain all of the weird crap we see. In addition, our non-teleological theories have allowed us to predict quite a bit about how biology works in the real world. That mix of simplicity and increased predictive power makes the non-teleological theories a lot better than the previous teleological ones.