In Amazon, I am attempting to create a cname for a domain,
example.com
to a load balancer in Route 53
Examplecom-10584627
http://docs.aws.amazon.com/Route53/latest/DeveloperGuide/CreatingAliasRRSets.html
You don't use a CNAME, you use an A record configured as an ALIAS for the ELB.
When you set Alias to "Yes" while creating the A record, you will then see a box where you select the ELB whose internal info will be used to serve up answers for the alias.
Aliases are a Route 53 feature designed to support exactly what you are trying to do.