I use Pinwheel Software to prepare arrow builds. It's always seemed to work well for me. My database doesn't show the Victory HLR arrow, but it seems Easton 5.0 is close. With 125 gr BH, 16 gr insert, standard nock, 8.5 oz vanes, your dynamic spine is calculated at .353; so the 350 would be nearly perfect. Again this assumes what is at the front and back of your arrow, and assumes a 26.5" carbon to carbon.
Bump up to 70# or start going heavier arrow, and the 350 will become weak. So you might want to go 300. But if your components are similar to the above assumptions, and you want to stay at 28", 65#, the 350 is nearly perfect.
ETA: I plan to shoot Sonic 340s with my Mach 30 FDS at 28.25" DL and 65#.